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Otomatic's Posts

Nairaland Forum › Otomatic's Profile › Otomatic's Posts

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Politics › Re: Nigeria Air: You Lied, Nnaji Tells Sirika Over 5% Equity by otomatic(m): 8:21am On Jun 12, 2023
Buhari that promised to use the Presidential fleet for Air Nigeria before his election in 2015.
He definitely has a hand in this mess.
Politics › Re: Seyi Tinubu: The First Son - Meets NASS Members by otomatic(m): 9:22pm On Jun 11, 2023
Grooming
Politics › Re: After Meeting With Tinubu, Senators-elect Queue Behind Yari by otomatic(m): 9:18pm On Jun 11, 2023
Somebody they were begging to off the mic that year.
Una for allow am talk whether e no go bring proofs.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 3:29pm On Jun 11, 2023
monkey business!
Foreign Affairs › Re: Las Vegas Police Officer's Bodycam Captures 'UFO In The Night Sky' (pics) by otomatic(m): 1:46pm On Jun 10, 2023
Nonsense.
Something you can video and monetize on YouTube.
If you don't have videos of the aliens in your yard, you are not serious.
Travel › Re: All You Need To Know About The Lagos Electric BRT (Photos And Videos) by otomatic(m): 8:14am On Jun 10, 2023
Impressive
NYSC › Re: Corper In Shock After Receiving Allowance Alert Of N330k Instead Of N33k (Video) by otomatic(m): 10:03pm On Jun 08, 2023
Posting error. Inform your bank in writing.
Politics › Re: Five Things You Need To Know About Fuel Subsidy Removal by otomatic(m): 5:04pm On Jun 04, 2023
AroOkigbo:
Price will be determined by the seller? So who prepared the template for prices across the countey that's currently in use?
Prepared by NNPC Ltd for their outlets only.
Politics › Re: NLC North & South-West Will Not Join The NLC Strike Against Fuel Price Hike by otomatic(m): 3:59pm On Jun 04, 2023
I remember when Jonathan wanted to end this subsidy, and I just shake my head.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 8:05pm On Jun 03, 2023
Investor education is very important.
That is why we come here; to learn, unlearn and re-learn.
Politics › Re: Senate Presidency: Igbo Youths To Hold 2 Million March To Support Orji Kalu by otomatic(m): 11:51am On Jun 01, 2023
They would have better organised that 2M youths to go and vote.
Na wetin you sow, you go reap.
Politics › Re: Petrol Subsidy Removal: President Tinubu Must Complete It ASAP by otomatic(m): 4:36pm On May 30, 2023
I don't like that part part on importing fuel. It puts so much strain on our scarce FX. Or will the companies source their own FX?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 10:51am On May 28, 2023
FoolishBoy419:
Of course. It's even ridiculous for him to expect that kind of loan but my point is that we shouldn't be quick to judge... Unless he's truly been a chronic gambler cheesy
Nobody is judging the guy o.

People who understand finance just performed a simple risk analysis( due diligence) and the credit rating showed that he is not credit worthy.

He or anyone else can pick some lessons from the interaction.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m):
locodemy:
There is one 500k loan ready for me @ Acess bank based on turnover.It is on 4% monthly interest for 3 months.Pa Emma this one is also unsecured loan looking for who to grab it.

The guy can still get up to 5m unsecured loan if he talks to his account officer but the interest rate of 48% per anum is worrisome.
That is based on your cash flow. Banks also do cashflow lending but I doubt that this startup has any record. The startup may even be an idea in the promoter's head and looking for who to fund the "experiment".

And, your loan is not so unsecured in this era of global standing instruction in which the bank can debit any account with your bvn. The bank knows that even if your cashflow does not come to them , it will go to another bank and with GSI, they can still recover their money in case of default
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 11:48am On May 27, 2023
Look to your personal savings, family, neighbours, church, social circle for support
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 11:34am On May 27, 2023
Thazard:
please is it possible to borrow 5m from a bank without collateral for an agricultural startup (cassava farming) to be repaid in 6 years?
5M, No collateral, Startup (no experience), 6-year repayment period.

You have some boldness sir.
Goodluck.
Properties › Re: The Act That Inspires Me In My New Street In Calabar (photos) by otomatic(m): 7:57pm On May 23, 2023
You want to breach people's security
Celebrities › Re: Ik's Hilarious Jab On Toke Makinwa At AMVCA: Laughter Erupts (video) by otomatic(m): 7:00pm On May 21, 2023
He only mentioned "Toke". You are the one adding "Makinwa".
Or are you saying there is only one Toke in this world?
Politics › Re: Nigeria President Will No Longer Travel Abroad For Medicals – Aisha Buhari by otomatic(m): 4:44pm On May 19, 2023
Rubbish
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 11:17am On May 17, 2023
yMcy56:
It has to.....at the right time....
Don't know why they kept keeping the price down....

Zenith don Waka reach 25... grin

GT 26.35.....26.50.......26.70.....
Be like say GTCO wan do +10% today oo shocked

All of you wey we dey console that time, make you come dey drop consolation offering o. grin
Lol @ consolation offering
Investment › Re: Mutual Funds by otomatic(m): 5:14pm On May 16, 2023
NL1960:
I just tried it and it work for me.

The abuse and criticism got to them. You can see that they had to go back to what Investment-One had.

They are still on probation to me sha. I will wait to see how the service works to determine if i will still stay with them or increase my funds.
I've been using that link since sometime last year. They sent it via email so I guess a lot of folks rarely access their emails.
The only thing is that the portal is not as updated as during the Investment One era.
Investment › Re: Mutual Funds by otomatic(m): 2:19pm On May 16, 2023
You can still log into your GTCO funds management portal using the same credentials you used with investment one but via https://easyinvest.gtbank.com/#/auth/login
Investment › Re: Mutual Funds by otomatic(m): 8:10am On May 14, 2023
Rates may be down for long if you consider that the Unclaimed funds trust fund being proposed by CBN will invest in treasury bills.

This trust fund will be made up of unclaimed dividends and monies in bank accounts that have been dormant for 10 years.

So that is free money in the market. There is a reason those funds are unclaimed. Most of them belong to dead people whose heirs have no idea of the existence of such accounts.

So once CBN takes over, most of those monies will remain with them in perpetuity.
This free money added with insitutional investors with so much money to throw around, may motivate them not to raise rates.
Family › Re: My Wife's Family Calling My Son Another Name by otomatic(m): 8:05pm On May 13, 2023
ceejay80s:
Let them be Saint first but for now they are bloody Nigerians
Nigerians can also be saints na. Example, Saint Obi.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 9:27am On May 07, 2023
Default risk at 26%
Investment › Re: Mutual Funds by otomatic(m): 7:49am On May 07, 2023
yinkaoke:
Have you heard of the 2years bond with
l just forgot the name sha, but saw it on that twitter handle @okemakinde2003
There are good investments only access to information that matters

26% that one beat inflation oh or am l missing something
Who is the issuer?
What is their line of business?
What is their credit rating?
Who is the rating agency?
Nairaland General › Re: Is Nairaland A Porn Site On Google. Type Nairaland On Google And Click Images by otomatic(m): 8:42am On Apr 29, 2023
Seun:
👀
You sef follow see am Abi?
I wonder how these people de rate us sef.
Family › Re: Inside Life: American Visa Lottery Has Ruined My Life - Husband (pathetic Story by otomatic(m): 8:38pm On Apr 27, 2023
Put the story in your Will so they will understand any last decisions you make concerning them.
Politics › Re: Journalist Who Revealed Keyamo's US Home, Drops Another N1bn Ikoyi House He Owns by otomatic(m): 8:08pm On Apr 23, 2023
Yet they want to crucify Alison who was a director at Shell before becoming a minister.
Family › Re: How Do I Make Sure My Wife Cannot Marry Another Man After My Death? by otomatic(m): 2:30pm On Apr 22, 2023
Are you planning to die soon?
Nairaland General › Re: Sanwo-Olu Empty Vault Spotted At Ikoyi Cemetery (Pictures) by otomatic(m):
No big deal.
You choose a successor, write a Will, take out life insurance and even choose a place to be laid to rest. You might even provide funding sources for the inevitable.
It's all part of estate planning.

The late Queen Eliza even used to oversee rehearsals of the ceremonies that will happen upon her death. Everything was planned and rehersed often, even the minutest detail.
Investment › Re: Treasury Bills In Nigeria by otomatic(m): 7:54pm On Apr 19, 2023
Not in Nigeria but in Ghana.

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